Tag Archives: huge

Carnival reports huge fourth quarter loss | News

Carnival reports huge fourth quarter loss | News

Carnival Company has reported a internet lack of $2.2 billion for the fourth quarter of economic 2020. The end result comes because the Covid-19 disaster continues to take its toll on cruising and plenty of Carnival-owned manufacturers – together with Holland America Line and Princess Cruises – have been compelled to delay a return to […]

Heathrow sees huge fall in traffic during 2020 | News

Travel sector calls for further support as new lockdown begins | News

Heathrow noticed passenger numbers fall by 73 per cent final yr as Covid-19 restrictions took an enormous toll on the aviation sector. In whole 22 million folks handed by the airport. In December, passenger numbers plummeted 83 per cent when in comparison with 2019, as fears concerning the new pressure of Covid-19 meant international locations […]

IAG reports huge losses for third quarter | News

IAG reports huge losses for third quarter | News

Worldwide Airways Group has reported an working lack of €1.three million for the third quarter, down from a revenue of €1.four million for a similar three months final 12 months. Passenger capability operated on the group was down 79 per cent over the interval when in comparison with 2019. Over the primary 9 months of […]

American Airlines reports huge loss for third quarter | News

American Airlines reports huge loss for second quarter | News

American Airways has reported third-quarter income of $3.2 billion, down 73 per cent year-over-year on a 59 per cent year-over-year discount in whole accessible seat miles. The US large confirmed a pre-tax lack of $3.1 billion for the three-month interval. Excluding internet particular objects, the third-quarter pre-tax loss stood at $3.6 billion. “Throughout the third […]

WTTC finds huge demand to travel next year | News

GBTA calls for transatlantic cooperation to reopen travel | News

An awesome majority of US and Canadian travellers, as many as 99 per cent, are desirous to journey once more, with 70 per cent stating that they plan to take a vacation subsequent yr. That’s in response to a journey leaders group survey of almost 3,000 frequent travellers. The survey was carried out in September […]

Delta Air Lines reports huge quarterly losses | News

Delta raises $6.5bn in liquidity following SkyMiles deal | News

Delta Air Strains has reported a pre-tax lack of $2.6 billion for the three months to the top of September. As well as, the provider stated it has incurred an extra $four billion in losses in from gadgets straight associated to the impression of Covid-19 and the its response, together with fleet-related restructuring costs and […]

Covid-19 drives Rolls Royce to huge loss | News

Covid-19 drives Rolls Royce to huge loss | News

Rolls Royce has reported a loss earlier than tax of £5.four billion for the primary half of monetary 2020 because the Covid-19 pandemic takes an enormous toll on the aviation sector. Underlying income fell to £5.6 billion, down 24 per cent, whereas reported income stood at £5.eight billion, down 26 per cent. The corporate confirmed […]

UNWTO reveals huge cost of Covid-19 on global tourism | News

UNWTO reveals huge cost of Covid-19 on global tourism | News

The large toll of Covid-19 on worldwide tourism has now change into clear, with United Nations World Tourism Organisation (UNWTO) knowledge displaying the fee as much as Might was already 3 times that of the 2009 international financial disaster. Because the scenario continues to evolve, the United Nations company has offered the primary complete perception […]

American Airlines reports huge loss for second quarter | News

American Airlines reports huge loss for second quarter | News

American Airways has reported a pre-tax lack of $2.7 billion for the second quarter of monetary 2020. Coupled with a ‘worst ever’ lack of $1.6 billion reported by United Airways earlier within the week, the figures illustrate the large toll the Covid-19 pandemic continues to tackle the US aviation sector. “This was probably the most […]

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